NEXT plc (OTCMKTS:NXGPF) Receives Average Rating of “Moderate Buy” from Brokerages

NEXT plc (OTCMKTS:NXGPF) has earned a consensus rating of “Moderate Buy” from the six research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

A number of analysts have recently issued reports on NXGPF shares. Morgan Stanley reaffirmed an “overweight” rating on shares of NEXT in a report on Monday, October 27th. Jefferies Financial Group downgraded NEXT from a “buy” rating to a “hold” rating in a research note on Sunday, December 14th.

NEXT Price Performance

Shares of NEXT stock opened at $187.76 on Monday. The company’s fifty day simple moving average is $187.76 and its two-hundred day simple moving average is $176.11. NEXT has a 12-month low of $121.50 and a 12-month high of $187.78.

NEXT Company Profile

Next Plc is a British multinational retailer specializing in clothing, footwear and home products. Headquartered in Enderby, Leicestershire, the company operates through a combination of full-price stores, outlet locations and an extensive online platform. Since its launch under the Next brand in 1982, the company has focused on designing and sourcing a wide range of apparel and homeware items for men, women and children.

The company’s core business activities include product design, sourcing and distribution, underpinned by its integrated logistics network.